Top 10 Companies in the Global Black Matrix Resist for Semiconductor Market (2024): Pioneers Powering Advanced Semiconductor Fabrication

In Business Insights
November 25, 2025


The Global Black Matrix Resist for Semiconductor Market was valued at USD 0.92 Billion in 2023 and is projected to reach USD 1.56 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period (2024–2030). This robust growth is fueled by the relentless demand for higher-resolution image sensors, the expansion of the automotive electronics sector, and the accelerating adoption of advanced packaging technologies like Fan-Out Wafer-Level Packaging (FOWLP). As semiconductor devices become smaller and more complex, the role of black matrix resist in preventing optical interference and light leakage has become critically important.

This essential material, a specialized light-blocking photoresist, is a cornerstone of modern semiconductor manufacturing. It is precisely applied to create opaque layers that define optical black areas, shield circuitry, and enhance image quality in CMOS image sensors and other optoelectronic devices. The companies leading this market are not just chemical suppliers; they are innovation partners enabling the next generation of consumer electronics, autonomous vehicles, and medical imaging systems. In this blog, we profile the Top 10 Companies in the Black Matrix Resist for Semiconductor Market—a mix of chemical giants, specialty material innovators, and regional leaders shaping the future of microelectronics.

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🔟 1. TOKYO OHKA KOGYO (TOK)

Headquarters: Kawasaki, Kanagawa, Japan
Key Offering: High-resolution Black Matrix Resists for Image Sensors, WLL, and Advanced Packaging

TOK is a global leader in photoresists and ancillary materials for the semiconductor industry. The company’s black matrix resists are renowned for their exceptional light-blocking properties, high thermal stability, and superior resolution, making them the material of choice for leading-edge CMOS image sensor manufacturers. Their formulations are critical for applications requiring precise definition of optical black areas.

Innovation Initiatives:

  • Development of low-outgassing, high-performance resins for next-generation sensors

  • Strong R&D focus on materials compatible with sub-micron patterning processes

  • Strategic partnerships with major semiconductor foundries and IDMs


9️⃣ 2. Fujifilm

Headquarters: Tokyo, Japan
Key Offering: Fujifilm Black Matrix Resist Series for IS and Wafer-Level Lenses

Fujifilm leverages its deep expertise in imaging and fine chemicals to produce advanced black matrix resists. The company’s products offer excellent adhesion to various substrates, high optical density, and compatibility with existing semiconductor fabrication processes. Their materials are extensively used in high-end smartphone cameras and automotive imaging systems.

Innovation Initiatives:

  • Investment in nanotechnology for enhanced light absorption and thinner film applications

  • Expansion of production capacity to meet growing demand from the automotive sector


8️⃣ 3. Merck KGaA (Performance Materials)

Headquarters: Darmstadt, Germany
Key Offering: AZ® and other specialty Black Matrix Resists

Through its AZ Electronic Materials brand, Merck is a dominant force in the semiconductor materials market. Their black matrix resists are part of a comprehensive portfolio of materials for patterning and packaging. Merck’s solutions are known for their process robustness, high purity, and ability to meet the stringent requirements of advanced semiconductor nodes.

Innovation Initiatives:

  • Integration of black matrix materials with other functional layers for simplified process flows

  • R&D focused on eco-friendly formulations with reduced environmental impact

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7️⃣ 4. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: Advanced Black Matrix Resists for Micro-optics and 3D ICs

JSR Corporation is a key global supplier of materials for the semiconductor industry, with a strong focus on innovation. Their black matrix resists are engineered for applications in wafer-level cameras and 3D integrated circuits, offering high aspect ratio patterning capabilities and excellent planarization properties.

Innovation Initiatives:

  • Pioneering work in materials for heterogeneous integration and chiplet-based architectures

  • Collaborations with research institutions to develop next-generation light-shielding materials


6️⃣ 5. Dongjin Semichem

Headquarters: Seoul, South Korea
Key Offering: Cost-competitive Black Matrix Resists for Mass Production

Dongjin Semichem is a major South Korean supplier of electronic chemicals, serving a global clientele. The company provides reliable black matrix resist solutions that balance performance with cost-effectiveness, making them a preferred partner for high-volume manufacturing of consumer electronics components.

Innovation Initiatives:

  • Focus on developing materials with faster processing times to increase fab throughput

  • Expansion of product portfolio to cater to the growing MEMS and sensor markets


5️⃣ 6. LG Chem

Headquarters: Seoul, South Korea
Key Offering: High-performance Black Resists for Display and Semiconductor Applications

LG Chem, a diversified chemical giant, brings its material science expertise to the semiconductor sector. While historically strong in display materials, the company is expanding its footprint in semiconductor-grade black matrix resists, particularly for applications where high thermal and chemical resistance is required.

Innovation Initiatives:

  • Leveraging polymer technology from display divisions for semiconductor applications

  • Investment in R&D for materials suited to extreme environments, such as automotive electronics

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4️⃣ 7. Daxin Materials

Headquarters: Taoyuan City, Taiwan
Key Offering: Specialty Black Matrix Resists for Taiwanese and Chinese Semiconductor Fabs

Daxin Materials is a leading Taiwanese supplier of specialty chemicals for the electronics industry. The company has developed a strong position in the black matrix resist market by providing tailored solutions for the dense semiconductor manufacturing ecosystem in Taiwan and China, offering excellent local support and technical service.

Innovation Initiatives:

  • Custom formulation services to meet specific customer process requirements

  • Focus on developing materials with improved developability and stripability


3️⃣ 8. Nippon Steel Chemical & Material (formerly Nippon Steel)

Headquarters: Tokyo, Japan
Key Offering: Metallic and Resin-based Black Matrix Materials

Nippon Steel Chemical & Material leverages its metallurgical expertise to produce high-performance black matrix materials, including advanced metallic chromium (Cr) formulations. These materials offer superior durability and environmental resistance, making them suitable for harsh application environments and long-lifetime products.

Innovation Initiatives:

  • Development of hybrid materials combining the benefits of resin and metallic systems

  • Research into low-reflectance black matrices for high-dynamic-range image sensors


2️⃣ 9. eChem Solutions

Headquarters: Hsinchu, Taiwan
Key Offering: Niche Black Matrix Resists for Specialized Applications

eChem Solutions is a specialized chemical company focusing on the semiconductor and optoelectronics industries. They provide high-purity black matrix resists tailored for specialized applications, including medical imaging devices and scientific instrumentation, where utmost precision and reliability are paramount.

Innovation Initiatives:

  • Development of ultra-low-alpha particle emitting materials for radiation-sensitive applications

  • Collaboration with equipment manufacturers for co-optimization of materials and processes


1️⃣ 10. TopGiga Material

Headquarters: Suzhou, China
Key Offering: Domestic Black Matrix Resists for China’s Semiconductor Industry

TopGiga Material is an emerging Chinese player focused on the domestic semiconductor market. The company is capitalizing on the Chinese government’s push for semiconductor self-sufficiency by developing and supplying black matrix resists that meet the needs of the country’s rapidly expanding fab capacity.

Innovation Initiatives:

  • Agile development cycles to quickly respond to local market demands

  • Strategic focus on cost-optimized solutions for mid-range semiconductor applications

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Global Black Matrix Resist for Semiconductor Market – View in Detailed Research Report


🌍 Outlook: The Future of Black Matrix Resist Is Smarter and More Integrated

The black matrix resist market is undergoing a significant transformation. As semiconductor devices push the boundaries of miniaturization and functionality, these materials are evolving from simple light-blocking layers into multifunctional elements that contribute to device performance, reliability, and manufacturing yield.

📈 Key Trends Shaping the Market:

  • Transition to Multi-Functional Resists: Development of materials that combine light shielding with other functions, such as stress buffering or acting as a dielectric barrier layer.

  • Demand for Ultra-Low Reflective Materials: As pixel sizes shrink in image sensors, the need for black matrices with exceptionally low reflectance to prevent optical crosstalk is intensifying.

  • Adoption in Advanced Packaging: Expanding use of black matrix resists in Fan-Out Wafer-Level Packaging (FOWLP) and 3D ICs for chip-scale shielding and marking.

  • Supply Chain Regionalization: Growing emphasis on regional supply chains, particularly with the expansion of semiconductor manufacturing in North America and Asia, driving local material development.

The companies profiled above are at the forefront of this evolution. They are not merely supplying chemicals; they are enabling the optical performance, reliability, and continued miniaturization of the semiconductor devices that power our digital world. Their innovations in material science are critical to the advancement of technologies ranging from智能手机摄影 to autonomous vehicle perception systems.

Get Full Report Here:
Global Black Matrix Resist for Semiconductor Market – View in Detailed Research Report